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Beauty Salon for Sale in Chennai, India

For Sale: Established unisex salon business in Chennai with a regular customer base of 8,000.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 69 thousand
Run Rate Sales USD 27.4 thousand
EBITDA Margin 22 %
Industries Beauty Salons
Locations  Chennai
Local Time 11:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 34 thousand (Native Currency: INR 3,000,000)
Reason: Promoter is moving overseas.
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
Business Overview
- Well-known beauty salon brand in Chennai.
- Before Covid, we used to receive 25-30 walk-ins on a daily basis and now it has reduced to 4-5 walk-ins a day.
- Salon has 7 hair stations, a reception area, 6 individual rooms for bridal services, pedicure, waxing, manicure.
- Have a regular customer base of 8,000.
- Business has 4.9/5 star on Google reviews, 1,000+ followers on Instagram and also active on other social media platforms.
- Salon is located in a high profile area in Chennai.
- Sales have dropped due to the pandemic. Majority of our customers are of 40+ age women and due to Covid-19, they are hesitant to go to salons.
Products & Services Overview
Hair, skin, , nail beauty treatment and bridal makeover services.
Assets Overview
Brand name, website, interiors, 7 hair stations, cash counter, chairs, tables, beauty products and equipment, lights and other electronics.
Facilities Overview
Rented 3,200 sq ft space out of which only 2,300 sq ft space has been utilized.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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